||1862 50C PR66 Ultra Cameo NGC. WB-101. Ex: "Col." E.H.R. Green. The economic uncertainties of the Civil War led to decreased demand for proof coins, which could only be purchased with silver or gold after the government suspended specie payments in 1861. As a result, only 550 proof Seated Liberty half dollars were struck in 1862. The present coin exhibits profound cameo contrast between the deeply mirrored fields and the richly frosted devices. The design elements display razor-sharp definition throughout and no mentionable surface flaws are evident. A few hints of pale gold and cerulean-blue toning accent both sides, with most of the color at the borders. Census: 9 in 66 (1 in 66 S), 2 finer (10/13). Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $10.00; Eric P. Newman Numismatic Education Society.
Realized $23,500.00 . Description courtesy of Heritage Auctions, ha.com.